Lastest from Businesswire

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced financial results for the first quarter ended March 31, 2024. "We're pleased with our strong start to the year, with first quarter financial performance exceeding our expectations, driven by better-than-expected GMV, strong portfolio performance and disciplined spending," said PROG Holdings President and CEO Steve Mic

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country EVP, Chief Administrative Officer and General Counsel, Susan E. Ball, Named to Global Top 50 Corporate Counsel List.

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today reported its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Net loss of $(0.2) million, or $(0.00) per diluted share Net interest margin of 2.52% Nonperforming loans of $9.3 million, or 0.72% of total loans and 0.39% of total assets Provision for credit losses of $

NEW ALBANY, Ind.--(BUSINESS WIRE)--RxLightning, creator of the industry’s leading platform for streamlining specialty medication access and affordability, is proud to have reached a number of meaningful milestones in the last year – including significant increases in provider users, enrollments completed, and speed-to-therapy – in addition to successful fundraising and award recognitions. RxLightning launched in 2020 to improve specialty medication enrollment workflows. Since that time, the com

BETHESDA, Md.--(BUSINESS WIRE)--Keep Company Announces First CTO, Zvi Band, and $1.4M Fundraising Round

SAN FRANCISCO--(BUSINESS WIRE)-- #companyculture--Airspeed announces Culture Graph, a system that measures the strength of employee connections to help companies analyze their employee engagement.

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported first quarter income before income tax expense of $232 and net income of $181 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $199 million. Adjustments included other mark-to-market net of hedges of $42 million and other items shown below in the reconciliation of GAAP and non-GAAP results. Chairman and CEO Jay Bray commented, “The company has sta

PHILADELPHIA--(BUSINESS WIRE)-- #HRTech--2024 Talent Experience Award Winners Recognized at IAMPHENOM

SAN FRANCISCO--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution. U.S.-based merchants can use the service to accept payments from domestic and international customers. Additionally, foreign merchants with U.S. entities can provide a localized payment experience to their U.S.-based customers, unlocking higher acceptance rates and lower operating costs. Airwallex now supports merc

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $124 million. First quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.71), $0.33, $0.65, and $0.62, respectively. Katie Keenan, Chief Executive Officer, said, “BXMT’s first quarter results reflect strong execution on key initiatives, with

NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR):   First Quarter Results   U.S. GAAP   Adjusted   Q1 2024 Q1 2023   Q1 2024 Q1 2023 Net Revenues ($ mm) $ 580.8   $ 572.1     $ 587.3   $ 577.8   Operating Income ($ mm) $ 84.1   $ 106.9     $ 90.6   $ 115.5   Net Income Attributable to Evercore Inc. ($ mm) $ 85.7   $ 83.4     $ 92.9   $ 93.3   Diluted Earnings Per Share $ 2.09   $ 2.06     $ 2.13   $ 2.16   Compensation Ratio   66.8 %   64.1 %     66.0 %   63.5 % Operating Margin   14.5 %  

HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $12.9 million, or fully diluted earnings per share ("EPS") of $0.48 for the first quarter of 2024, compared to net income of $14.9 million, or EPS of $0.55 in the previous quarter and net income of $16.2 million, or EPS of $0.60 in the year-ago quarter. "Our financial results for the first quarter reflect our continued

EUGENE, Ore.--(BUSINESS WIRE)-- #businessbanking--Summit Bank Group (OTC Pink: SBKO) Q1 2024 Net Income - $2.4 million or $0.31 per fully diluted share. Q1 2024 Net Income increased from $0.30 per share for Q1 2023 and $0.22 per share for Q4 2023. Cash and Securities totaled $149.9 million – 13.0 percent of assets. Year over year Net Loan Growth - $208.0 million or 27.3 percent. Year over year Deposit Growth - $84.1 million or 9.0 percent over March 31st 2023. Summit Bank Group reported net income for the first q

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), is celebrating its 20th year of originations activity by reaching the $20.0 billion milestone in total debt commitments. Founded in December 2003, and originating its first deal in 2004, the Company’s mission was simple: Provide entrepreneurs with an alternative source of growth capital that complements a growth stage company’s existing institutional financing. Today, Hercules Capital is the l

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces First Quarter 2024 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first quarter ended March 31, 2024. Vertiv reported first quarter 2024 net sales of $1,639 million, an increase of $118 million, or 8%, compared to last year’s first quarter. The book-to-bill ratio was 1.5x in the first quarter and organic orders (excluding foreign exchange) increased 60% from last year’s first q

GREENWICH, Conn.--(BUSINESS WIRE)--Astatine Investment Partners (“AIP” or “Astatine”, formerly Alinda Capital Partners), a leading private equity firm focused on infrastructure investments, today announced that with funds it manages it has acquired NRG Riverside (“NRG Riverside” or the “Company”), the UK’s leading rental provider of specialist waste collection vehicles, from Palatine and other shareholders. NRG Riverside leases, rents and maintains specialist vehicles such as waste collection t

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced that global video game publisher Ubisoft has adopted Zuora to power its Ubisoft+ and Rocksmith+ subscription services. Over the course of the partnership, Ubisoft has leveraged Zuora to scale its subscription business, automating and reducing friction in the billing, accounting and payment processes to accommodate online traffic increases of up to 200% during new gam

OAKLAND, Calif.--(BUSINESS WIRE)---- $MQ #embeddedfinance--Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a partnership with OakNorth, the digital bank for entrepreneurs, by entrepreneurs, to offer a commercial card for OakNorth’s Business Banking customers. Thanks to the speed, flexibility and reliability of Marqeta’s platform, OakNorth customers will be able to see a more holistic view of their finances and more efficie

LONDON--(BUSINESS WIRE)--Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion. Napier AI is providing its Client Screening solution and Client Risk Assessment module as part of the Napier AI Continuum platform to Finance in Motion, to support its global growth in generating positive